To guarantee food security, MoAL will increase local output
Bhutan’s MoAL plans to address rising food inflation by promoting investment, infrastructure development, and policy interventions to increase food production and access. Bhutan plans to increase paddy, maize, chili, potato,…
Bhutan’s development programs were examined by ESP
The ESP Secretariat has allocated Nu 15b to revitalise key sectors like tourism and creative industries, with the government releasing Nu 7.5b in three installments. Nu 1 billion allocated for…
New certification scheme to protect regional handicrafts
Bhutanese traditional arts and crafts continue to thrive despite increasing commercial pressures, with Nepal and India imports declining. Local artisans remain engaged with external clients. The government is implementing measures…
Maximizing the use of limited arable land
MoAL and NLCS have identified 11,557 acres for large-scale agricultural use in eight dzongkhag, Bhutan. Over the past five years, 274 land lease applications have been approved, with 70 more…
Govt recover subsidies for EV taxis that were not delivered
The PMO will recover subsidies for 27 EV taxis that were not delivered or sold to intended recipients under a sustainability project, which aimed to replace 300 fuel-driven taxis with…
Government emphasis on tourism & agriculture
Bhutan’s Finance Minister Lekey Dorji plans to boost agriculture, tourism, and foreign direct investment to expand its economy beyond hydropower, aiming for 8.93% growth in 2025. Bhutan’s government is committed…
Future-proofing for extreme weather
Bhutan’s climate is deteriorating, causing flash floods, glacial melt, and unpredictable rainfall, posing threats to communities, infrastructure, and agriculture, with projected increases in precipitation and water shortages. Reduced glacial runoff…
GMC Conference on Digital Assets will be attended by international financial professionals
For senior world executives, the GMC Special Administrative Region is getting ready to organize a high-profile conference on strategic reserves that will explicitly address the integration of digital assets. Gathering…
Japanese visitors pay for construction of multipurpose school hall in Paro
Thanks to a new multipurpose hall that was made possible by donations and the Lungnyi Gewog administration, students at Olathang Primary School in Paro will no longer have to brave…
For climate-resilient farming, Mountain Hazelnuts secured 7.9 million dollar investment
In order to extend its climate-resilient farming projects, Mountain Hazelnuts has obtained an equity investment of USD 7.9 million. Mountain Hazelnuts wants to help rural communities while establishing a profitable…